An initiative of the Center for Cultural Innovation

Investments

Photo courtesy of Sustainable Economies Law Center, AmbitioUS Investee. East Bay Permanent Real Estate Cooperative team. (Pictured from left to right, top to bottom: Marissa Ashkar, Noni Session, Shira Shaham, Gregory Jackson, Ojan Mobedshahi.) 5 December 2018. East Bay Permanent Real Estate Cooperative, Oakland.

East Bay Permanent Real Estate Cooperative

The East Bay Permanent Real Estate Cooperative (EB PREC) is working to develop cooperative, affordable real estate alternatives that empower people, particularly multi-generation African Americans who are being displaced from Oakland, to create intentional communities that are ecologically, emotionally, spiritually, culturally, and economically regenerative. AmbitioUS is providing one-time project grant support for EB PREC to develop cooperative ownership structure to help two arts and culture entities–Alena Museum and East Oakland Collective–stay anchored in the African American cultural community of Oakland.

Category

Artist Ownership

Website

https://ebprec.org

Year

2019

Investment

Grant

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Investments